Competitive intelligence and news on billing rates, evolving rate pressures and alternative pricing.
By ALM Staff | February 29, 2024
Where Am Law 200 law firms are putting down roots, the reasons behind expansion in emerging markets, and what these moves mean for their clients.
2 minute read
By Maria Dinzeo | February 28, 2024
"Having worked on both sides of the relationship between in-house counsel and outside law firms, I see the necessary need for a service like LegalBillReview.com to help companies mitigate their legal spend," said Brian Arbetter, LegalBillReview.com's general counsel.
3 minute read
By Alexander Lugo | February 28, 2024
Receipts from the Central Florida Tourism Oversight District show that labor and employment attorneys raised rates dramatically while increases in other practices were more muted. Firms billing the entity include FordHarrison, BakerHostelter and Greenberg Traurig.
4 minute read
By Dan Roe | February 28, 2024
Colorado's biggest law firm also increased gross revenue by 11.3% in 2023 as all major practice areas saw growth.
5 minute read
By Thomas Spigolon | February 21, 2024
The firm's PEP dropped by 5% to $820,000, as its equity tier expanded and its nonequity tier shrunk by 9%, bucking a trend in the industry of growing the nonequity ranks.
5 minute read
By Alexander Lugo | February 21, 2024
The biggest beneficiary is Winter Park-based boutique Fishback Dominick, which earned nearly $700,000 in the second half of 2023 from the Central Florida Oversight Tourism District. The firm hadn't previously billed the entity in recent years.
5 minute read
By Dan Roe | February 15, 2024
As Big Law keeps getting rewarded for pushing large rate hikes, analysts and consultants say midsize firms are leaving money on the table.
7 minute read
By Maria Dinzeo | February 15, 2024
A newly released report from the law firm network Lex Mundi has reinvigorated the age-old debate on the topic.
7 minute read
By Dan Roe | February 14, 2024
As Big Law keeps getting rewarded for pushing large rate hikes, analysts and consultants say midsize firms are leaving money on the table.
7 minute read
By Maria Dinzeo | February 14, 2024
"The people who regulate the profession are the profession. They are judges and members of the bar. So what incentive do they have to give away that control to the machine?" said Foster Sayers, vice president of legal ops at health tech company symplr.
7 minute read
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Professional Announcement
Frederick D. Miceli has joined the firm as Of Counsel
Professional Announcement
